RBI Governor Shaktikant Das has said that the Central Bank's response to Covid-19 is unprecedented, calibrated and a cautious one for revival of the economy post pandemic. He was delivering keynote address at Unlock BFSI 2.0 in Mumbai today. <br />''<br />''He said that the RBI is monitoring the situation and will have a very cautious exit plan. He added that the RBI is taking a long-term view on resolutions and measures. He pointed out towards the change in banking landscape in recent years, but expressed confidence that, India's overall banking sector will continue to be sound and stable.<br />''<br />''RBI Governor advised the banks to look at sunrise sectors while supporting those sectors which have the potential to bounce back. He said that risk-management systems should be able to "smell vulnerabilities in businesses in advance. He cautioned that, the pandemic will put pressure on balance sheets of banks and lead to erosion of capital. <br />''<br />''He said that it is more important  that the banks should proactively respond to this challenge. The RBI Governor made it clear that the apex bank has already asked banks and NBFCs to do a COVID stress test. Mr. Das expressed "deep appreciation" for officers and staff of the banks who "helped maintain operational continuity" during the lockdown. The central bank governor said that the RBI has not exhausted its ammunition on rate cuts or policy actions. He underlined that the monetary policy stance will continue to be accommodative. <br />